EPF launches three-tier savings framework for different retirement lifestyles


KUALA LUMPUR: The Employees Provident Fund (EPF) has rolled out a new three-tier savings framework as a reference for Malaysians to maintain different levels of financial security post-retirement.

Launched in tandem with Belanjawanku 2024/2025, the newly introduced Retirement Income Adequacy (RIA) Framework revises the recommended savings level from a single benchmark to three tiers, comprising "basic", "adequate" and "enhanced" levels of savings.

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